this post was submitted on 19 Oct 2023
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[–] [email protected] 8 points 1 year ago (1 children)

That's it what the lawsuit is about here. It was the fraudulent misrepresentation of the investments that was illegal.

[–] [email protected] 0 points 1 year ago (2 children)

I dont believe for a second anyone thought these werent risky investments.

[–] [email protected] 5 points 1 year ago

You didnt read the whole article. All of these firms also did fraud, not just misrepresenting the risks.

[–] [email protected] 2 points 1 year ago

That's because you and I aren't complete fools. But when you pay a bunch of celebrities to talk about their apes, coins, and other moronic shit on national and international TV, less aware people tend to be duped. It's a confidence scam, after all.